2022
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GDP
$114BCURRENT US$
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2012-2022
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GDP GROWTH
87.3%CURRENT US$
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2022
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 GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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GDP PC 
$10,121CURRENT US$
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2012-2022
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GDP PC GROWTH
67.3%CURRENT US$
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2022
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GDP PC
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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About

Dominican Republic-Japan Trade: In 2022, Dominican Republic exported $98.3M to Japan. The main products that Dominican Republic exported to Japan were Medical Instruments ($63.6M), Ferroalloys ($7.18M), and Knit T-shirts ($3.73M). Over the past 5 years the exports of Dominican Republic to Japan have increased at an annualized rate of 4.96%, from $77.2M in 2017 to $98.3M in 2022.

In 2022, Dominican Republic did not export any services to Japan.

Japan-Dominican Republic Trade: In 2022, Japan exported $341M to Dominican Republic. The main products that Japan exported to Dominican Republic were Cars ($117M), Delivery Trucks ($54.4M), and Buses ($20.1M). Over the past 5 years the exports of Japan to Dominican Republic have increased at an annualized rate of 3.34%,  from $280M in 2017 to $341M in 2022.

In 2022, Japan did not export any services to Dominican Republic.

Comparison: In 2022,  Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Dominican Republic exported $98.3M to Japan. The main products exported from Dominican Republic to Japan were Medical Instruments ($63.6M), Ferroalloys ($7.18M), and Knit T-shirts ($3.73M). During the last 5 years the exports of Dominican Republic to Japan have increased at an annualized rate of 4.96%, from $77.2M in 2017 to $98.3M in 2022.

In 2017, Japan exported $341M to Dominican Republic. The main products exported from Japan to Dominican Republic were Cars ($117M), Delivery Trucks ($54.4M), and Buses ($20.1M). During the last 5 years the exports of Japan to Dominican Republic have increased at an annualized rate of 3.34%, from $280M in 2022 to $341M in 2017.

Exports from Dominican Republic (Flag) to Japan (Flag) (2022)

Exports from Japan (Flag) to Dominican Republic (Flag) (2022)

Latest Data

Trade between Dominican Republic (Flag) and Japan (Flag)

Dominican Republic Exports

Japan Exports

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$6.85B
Japan
Top Destination
United States$137B

This map shows whether countries import more from Dominican Republic or Japan. Each country is colored based on the difference in imports they receive from Dominican Republic and Japan or the difference in the growth in imports.

In 2022, countries that imported more from Dominican Republic than Japan included Haiti ($1.02B), Cuba ($37.3M), and Turks and Caicos Islands ($24.4M).

In 2022, countries that imported more from Japan than Dominican Republic included China ($135B), United States ($137B), and South Korea ($50.8B).

Difference in imports from Japan (Flag) and Dominican Republic (Flag) (2022)

Comparative Advantage Dominican Republic - Japan

Flow
Scale

This chart compares trade between Dominican Republic and Japan by product, considering products traded by both, Dominican Republic and Japan.

During 2022, Dominican Republic had a large net trade with Japan in the exports of Instruments ($66.4M), Metals ($8.96M), and Chemical Products ($5.06M).

During 2017, Japan had a large net trade with Dominican Republic in the exports of Transportation ($224M), Machines ($51.6M), and Plastics and Rubbers ($20.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Dominican Republic Japan+$33MMedical Instruments
Top Product Potential Japan Dominican Republic+$56.7MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Dominican Republic and Japan. This means that a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Japan. Similarly, a dot/product with the flag of Japan indicates it has a comparative advantage over Dominican Republic.

Product Space of Dominican Republic (Flag) and Japan (Flag) (2022)

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